Economy

In spite of expectations that 160,000 jobs or more were added in May, the latest jobs report was a shocker showing just 38,000 job gains last month. CNBC’s Squawk Box panelists reacted live to that surprising Labor Department report on June 3, which showed that employment increased by a mere 38,000, while unemployment fell to 4.7 percent. However, low labor force participation continues to be a…

Wednesday night’s PBS NewsHour town hall in Elkhart, Indiana had it all with host Gwen Ifill attacking residents for not supporting President Barack Obama and the President praising PBS’s “civility,” but it also featured audience members surprisingly being allowed to blast the President on issues ranging from the economy to ObamaCare to regulations to veterans.

President Obama and GOP House Speaker Paul Ryan want to expand it. Tax preparation companies and illegal immigrants are cashing in on it. Fraudsters have found bottomless ways to exploit it. The earned income tax credit, a bipartisan-supported "anti-poverty" benefit, is robbing honest, law-abiding Americans blind.   

Appearing as a guest on Thursday's New Day on CNN, New York Times columnist Thomas Friedman defended his most recent column arguing that the various "fibs" told by Hillary Clinton are not as bad as "giant whoppers" told by Donald Trump as he suggested the Democratic nominee is the preferable choice for President.

Barely a minute into Wednesday’s PBS town hall event with President Barack Obama, PBS NewsHour co-host Gwen Ifill took a few digs at the people of Elkhart, Indiana where the event was being held for not giving Obama “any credit” for their unemployment drop to the point that she exclaimed: “What gives?”

Our public schools have for decades served not as education facilities - but as social services and indoctrination centers.  From which the average graduate can’t read the diploma they're handed - but they can roll a condom on a banana.  Where people are brainwashed into preferring failed-everywhere socialism over wealth-producing capitalism - but are blithering, blinkered boobs when asked why…

 The CEO of Unilever claims it is “absolutely crucial” to meet temperature targets set by the UN in Paris.  Paul Polman sounded the alarm in a recent interview with the liberal Huffington Post on May 23. He oversees Unilever, the company behind consumer brands like Dove, Lipton and Klondike. 

Former Reagan official David Stockman predicted that whoever was elected in 2016 would “inherit a recession.” Stockman, former Director of the Office of Management and Budget for President Ronald Reagan, said on May 25, 2016, that Wall Street would undergo “massive panic and selling.”  

On Sunday's Last Week Tonight, HBO's John Oliver blamed oil prices for the current chaos in Venezuela: "What is wrong with Venezuela? Well, the short answer is everything. The low price of oil, which accounts for 96 percent of Venezuela's exports, has triggered an economic collapse — causing massive inflation and shortages of food and medicine." While Oliver rightly mocked Venezuelan President…

Damon Linker, a self-described former “conservative intellectual” (he was an editor at First Things) believes that Hillary Clinton’s policy positions are “good enough” to earn the votes of current conservatives, given that a Donald Trump administration would pose a “national threat” and that most right-wing Hillary-hatred “lack[s] any rational connection to reality.” Take Hillary’s scandals --…

Even though Donald Trump is “dumb” and “racist,” he might constitute an upgrade in the Republican party’s leadership, suggests Rolling Stone’s Taibbi. That’s because before Trump turned into the GOP’s presumptive presidential nominee, the public faces of the party were “mean, traitorous scum.” Republicans, wrote Taibbi in the magazine’s June 2 issue, “dominated American political life for 50…

Three offensive elements pervaded the Associated Press's Monday coverage of Hillary Clinton's statement that she will put her husband "in charge of revitalizing the economy." The first was how AP reporters Lisa Lerer and Catherin Lucey decided to resurrect the infamous "2-for-1 offer" then-presidential candidate Bill Clinton campaigned on in 1992 — an especially weak move, given its real-world…

Superheroes are so last year. In 2016, cannibalism is all the rage. The Cannes film festival is where everyone who’s anyone in the film industry goes to show off their latest flick and fashion. This year, reporters noted that one on-screen theme seemed oddly prevalent: cannibalism.

Democratic presidential frontrunner Hillary Clinton believes we're supposed to be impressed by the idea of putting her husband Bill, in the Associated Press's words, "in charge of revitalizing the economy." Yep, the old "2-for-1" offer from the early 1990s is back. In 1993, President Bill put First Lady Hill in charge of health care. Fortunately, nothing tangible resulted, but we did get an…